Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.074%
Price spread now: Hyperliquid against KuCoin+0.135%7-day average −0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$581as in the Funding arb table
Net, price: spread back to 7d avg − costs−$525as in the Price arb table
costs, in and out, $10k−$5515.514% of the position
Funding, last 7 days−0.291%−$29 on $10k
+Price spread, last 7 days−0.112%−$11 · spread now +0.135%, 7d avg −0.129%
=Together, before fees−0.403%+ Points / potential airdropHyperliquid: Season 2 · farm board−$40 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.264% dearer against KuCoin than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of −0.129%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin STBLUSDTM | 0.02662 | 0.0100 | pay 0.0050% / 4h | 1h 16m | $1.1M | $230K | 20x |
| Short | Hyperliquid STBL | 0.02666 | 0.0100 | get 0.0013% / 1h | 16m 46s | $2.0M | $269K | 3x |
KuCoin STBLUSDTM
Hyperliquid STBLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.135% → −0.129%
- $26.4
- Slippage, 4 orders
- −$530.44
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$525.05
- Costs to cover
- 5.514%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Hyperliquid: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 8 min ago | 22.62 bp | 230.6 bp −$231 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.56 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
STBL on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin STBL-USDT | +0.0045% | 4h | 0.02675 | +0.488% | $128K | $22K | 50x | as long as short |
| Lighter STBL | +0.0096% | 1h | 0.02658 | −0.150% | $80K | $2K | 3x | as long as short |
| Hyperliquid STBLshort | +0.0100% | 1h | 0.02666 | +0.135% | $2.0M | $269K | 3x | |
| Aster STBLUSDT | +0.0100% | 4h | 0.02660 | −0.075% | $89K | $5K | 5x | as long as short |
| Binance STBLUSDT | +0.0100% | 4h | 0.02668 | +0.225% | $1.9M | $2.1M | 50x | as long as short |
| Gate STBL_USDT | +0.0100% | 4h | 0.02671 | +0.338% | $1.2M | $96K | 50x | as long as short |
| MEXC STBL_USDT | +0.0100% | 4h | 0.02662 | 0.000% | $363K | $149K | 100x | as long as short |
| KuCoin STBLUSDTMlong | +0.0100% | 4h | 0.02662 | long leg | $1.1M | $230K | 20x | |
| Variational Omni STBL | +0.0100% | 4h | 0.02677 | +0.564% | $975 | $276 | — | as long as short |
| SunX STBL-USDT | +0.0100% | 4h | 0.02658 | −0.150% | $1K | $1.1M | 20x | as long as short |
BloFin STBL-USDT
Lighter STBL
Aster STBLUSDT
Binance STBLUSDT
Gate STBL_USDT
MEXC STBL_USDT
Variational Omni STBL
SunX STBL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX STBL-USDT | +0.0622% | 4h | 0.02670 | +0.301% | — | $6.6M | — | as long as short |
| Bybit STBLUSDT | +0.0767% | 4h | 0.02668 | +0.225% | $1.5M | $664K | 20x | as long as short |
BingX STBL-USDT
Bybit STBLUSDT